Why the Right is Wrong on Taxes

Monday, December 10, 2012

The Brits recently admitted their economic policy of austerity has been a resounding failure, so why are “Republicans in Congress still intent on pursuing a strategy similar to the failed one adopted by the Brits”?

“The American economy is still, by most measures, deeply depressed. But corporate profits are at a record high. How is that possible? It’s simple: profits have surged as a share of national income, while wages and other labor compensation are down.”

“Republicans in the House are blocking a bill that would prevent a tax increase on the first $250,000 of income earned by all Americans,” in an attempt to put forward a bill that would give lopsided tax breaks to the wealthiest Americans.

Another sign Republicans couldn’t care less about the middle class? They ram through right to work for less laws in states where the people don’t want them. These laws lower wages and benefits across the board, and contribute to a decrease in workplace safety.

Sign Up For Updates

The great American middle class wasn’t something that just happened – it was built brick by brick. It was built by soldiers returning from war and a government that repaid them by giving them a shot at college.

What the wealthy and well-connected figured out is that they have strength in numbers: the numbers of dollars they contribute to politicians. It’s time working and middle class Americans use our strength in numbers to reclaim the American Dream. We need a counterweight to the power of big money – and that’s the power of big numbers, the power of ordinary people who work for a living demanding to have our voices heard – from the workplace to Washington.